Reward PointsThe American Express Cobalt Credit Card emerges as a standout option for those who enjoy dining out and traveling, but also need to make everyday purchases, while also being rewarded for doing so. This card is designed to offer many advantages, catering to different lifestyles. Whether you’re want to earn points on your daily expenses or have peace of mind with many types of insurance coverage, this card provides a suite of features that can enhance all kinds of experiences.
The card offers an impressive 5X points per dollar spent on eats and drinks, while also earning 3X points per dollar spent on streaming services, making it an excellent choice for foodies who love social outings or staying in. Additionally, cardholders can earn 2X points on travel and transit ensuring that everyday commuting and resting needs are well-rewarded. Even outside these categories, the card provides 1X point on all other purchases, offering a steady accumulation of rewards for all types of spending.
Pros vs. Cons
Pros
- High Earn Rates: earn up to 5X points;
- Insurance Coverage: covers a wide range of incidents, especially travel related ones;
- Amex Offers: enjoy exclusive discounts and experiences;
- American Express Experiences: enjoy special entertainment opportunities and offers;
- Supplementary Cards: you can have up to 9 additional cards without paying extra for them.
Cons
- Monthly Fee: the card comes with a $12.99 monthly fee (equals fee of $155.88 per year), which may not be ideal for those looking for a no-fee option;
- Acceptance: as an American Express card, it may not be accepted at all merchants compared to Visa or Mastercard
Why Choose the American Express Cobalt Credit Card?
This card is made for those who frequently spend on groceries, dining, and entertainment, offering high earn rates on those categories. On top of that, whether you’re a frequent traveler or love an occasional vacation, the travel insurance can keep you safe while you enjoy your vacation. All of that while also offering unique Amex perks, enhancing your experience.
Who Is The American Express Cobalt Credit Card For?
This card is a strong contender for those who prioritize earning rewards on food and entertainment, while having a great range of insurance coverage. The robust rewards program, combined with the added advantages of Amex and Cobalt perks, it is a versatile and valuable option for anyone looking to maximize their points while enjoying a range of lifestyle and travel experiences. While the annual fee and limited acceptance could be drawbacks, the significant advatages can easily offset these considerations.
If you’re interested, click the button below to learn more about the card, its benefits, requirements, and application process. This could be your first step towards making the most out of your money and your lifestyle!